Technical Analysis

Note: This section contains information in English only.
Mon, 16 Aug 2021 04:45:30 GMT

GBP/USD breaks channel pattern

The GBP/USD currency pair bounced off a support level at 1.3800 on Friday. As a result, the British Pound surged by 76 pips or 0.55% against the US Dollar during Friday's trading session.

Mon, 16 Aug 2021 04:24:37 GMT

EUR/USD breakout occurs

On Friday, the Eurozone single currency edged higher by 71 pips or 0.61% against the US Dollar. A breakout occurred through the upper boundary of a descending channel pattern during Friday's trading session.

Fri, 13 Aug 2021 06:15:23 GMT

XAU/USD two scenarios likely

During the first half of Thursday's trading session, Gold fell by 144 pips or 0.82% against the US Dollar. However, the commodity rebounded from a support level of 1744.8 at the end of the session.

Fri, 13 Aug 2021 05:55:24 GMT

USD/JPY traded sideways

The US Dollar against the Japanese Yen consolidated below the 110.60 level on Thursday. The currency pair traded between the 55– and 100– hour SMAs during Thursday's trading session.

Fri, 13 Aug 2021 05:35:04 GMT

GBP/USD decline to continue

On Thursday, the British Pound declined by 82 pips or 0.59% against the US Dollar. The currency pair tested the weekly S2 at 1.3801 during Thursday's trading session.

Fri, 13 Aug 2021 05:21:33 GMT

EUR/USD breached channel pattern

The common European currency has edged higher by 41 pips or 0.35% against the US Dollar since this week's trading sessions. The currency pair breached the 55- and 100- hour SMAs this week.

Thu, 12 Aug 2021 05:55:32 GMT

XAU/USD breached 100– hour SMA

The yellow metal's price edged higher by 267 pips or 1.55% on Wednesday. The surge was stopped by the 100– hour simple moving average during yesterday's trading session.

Thu, 12 Aug 2021 05:35:36 GMT

USD/JPY breakout occurs

On Wednesday, the US Dollar declined by 50 pips or 0.45% against the Japanese Yen. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.

Thu, 12 Aug 2021 05:09:17 GMT

GBP/USD could break channel

On Wednesday, the British Pound edged higher by 70 pips or 0.51% against the US Dollar.

Thu, 12 Aug 2021 04:33:12 GMT

EUR/USD potential target at 1.1806

The common European currency surged by 41 pips or 0.35% against the US Dollar on Wednesday. The currency pair tested the upper line of a descending channel pattern during yesterday's trading session.

Wed, 11 Aug 2021 05:33:17 GMT

XAU/USD decline could continue

On Tuesday, the XAU/USD exchange rate edged lower by 148 pips or 0.85%. The commodity traded above the 1720.0 level during Tuesday's trading session.

Wed, 11 Aug 2021 05:16:57 GMT

USD/JPY bullish bias

On Tuesday, the US Dollar surged by 30 pips or 0.27% against the Japanese Yen. The currency pair was guided by the 55– hour simple moving average during Tuesday's trading session.

Wed, 11 Aug 2021 04:53:20 GMT

GBP/USD decline likely to continue

The British Pound has declined by 38 pips or 0.27% against the US Dollar on Tuesday. The currency pair was pressured lower by the 55– hour simple moving average during Tuesday' trading session.

Wed, 11 Aug 2021 04:31:30 GMT

EUR/USD two scenarios likely

On Tuesday, the common European currency fell by 28 pips or 0.24% against the US Dollar. The currency pair tested the weekly S1 at 1.1712 during Tuesday's trading session.

Tue, 10 Aug 2021 06:21:09 GMT

XAU/USD bounces off support

The XAU/USD exchange rate bounced off a support level at 1686.0 on Monday. As a result, Gold surged by 634 pips or 3.76% against the US Dollar during yesterday's trading session.

Tue, 10 Aug 2021 05:42:30 GMT

USD/JPY remains below 110.40

On Monday, the US Dollar rose by 29 pips or 0.26% against the Japanese Yen. But, the currency pair remained below the 110.40 area during Tuesday's trading session.

Tue, 10 Aug 2021 05:22:06 GMT

GBP/USD bears could prevail

The Pound Sterling edged lower by 45 pips or 0.32% against the US Dollar on Monday. The GBP/USD currency pair tested the weekly S1 at 1.3838 on Tuesday morning.

Tue, 10 Aug 2021 04:53:25 GMT

EUR/USD decline could continue

On Monday, the Eurozone single currency declined by 32 pips or 0.27% against the US Dollar. The exchange rate tested a four-month low at 1.1730 during Monday's trading session.

Mon, 09 Aug 2021 04:59:18 GMT

XAU/USD tests 4-month low

The yellow metal's price has plummeted by 6.55% since Friday's trading session. However, the commodity rebounded from a support line at 1686.1 during the Asian session on Monday.

Mon, 09 Aug 2021 04:19:59 GMT

USD/JPY bulls likely to prevail

On Friday, the US Dollar edged higher by 63 pips or 0.58% against the Japanese Yen. The USD/JPY currency pair tested the 110.40 level during Friday's trading session.

Mon, 09 Aug 2021 03:25:28 GMT

GBP/USD breaks support at 1.3880

On Friday, the British Pound declined by 63 pips or 0.45% against the US Dollar. The currency pair breached the 55-, 100– and 200– hour SMAs during Friday's trading session.

Mon, 09 Aug 2021 03:07:51 GMT

EUR/USD likely to maintain channel

On Friday, the common European currency fell by 72 pips or 0.61% against the US Dollar. The currency pair was pressured lower by the 55– hour simple moving average during Friday's trading session.

Fri, 06 Aug 2021 06:07:04 GMT

XAU/USD bears could prevail

The 100– hour simple moving average provided resistance for the precious metal on Thursday. As a result, the XAU/USD exchange rate fell by 132 pips or 0.73% during Thursday's trading session.

Fri, 06 Aug 2021 05:31:44 GMT

USD/JPY breakout occurs

On Thursday, the US Dollar surged by 38 pips or 0.35% against the Japanese Yen. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.

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